Mon, Nov 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Nordic hedge fund managers see risk reward opportunities in Eastern Europe and Iceland

Tuesday, September 25, 2012

amb
Carl Meurling
From Komfie Manalo, Opalesque Asia:

Nordic-focused hedge fund managers believe that the markets of Eastern Europe and Iceland offer a wide range of risk reward opportunities and that the region is on its way to complete recovery after the 2008 global financial crisis.

Speaking as one of the participants in the latest Nordic Opalesque Roundtable, Carl Meurling CEO and one of the Founders of EME Partners, investing in long/short equity strategies in Eastern Europe including Russia and Turkey, described the Eastern European markets as suffering an extreme downturn in the first three weeks of October 2008.

At the time, the index was down 65% in only three weeks which was a world record. Back then, many fund managers worried that the financial markets in the region would go back to the type of primitive state they were in around ten years before or around 1998. But Meurling said that luckily, that has not happened, the markets in the Nordic region continue to become more and more sophisticated. The opportunities and range of instruments that investors can trade is expanding, "and that is very encouraging and makes us optimistic that we can continue to do well going forward."

Muerling told the participants, "Today around 80-100 stocks can be shorted in Emerging Europe and we can also use other instruments for protection, such a......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Regulatory - Stringent rules for hedge funds make the financial system fragile[more]

    From FT.com: …It is one thing to impose a regulatory burden when there is a clear need to do so. Banks are underwritten by taxpayers via deposit insurance as well as the too-big-to-fail safety net; they need to be reined in, and if they shrink as a result, that may be welcome. But it is another thin

  3. Investing - Apple: Hedge funds are crazy about it, Greenlight Capital took stake in Citizens Financial after IPO, Tiger Global added to Hertz, exited Dollar General last quarter, Oberweis sells NQ Mobile stake as Valiant adds shares, Whitney Tilson sticks to losing bet on MagicJack shares, Brigade Capital backs €90m Quinn sale[more]

    Apple: Hedge funds are crazy about it From Techinsider.net: Apple Inc. is still the most popular stocks among hedge funds. According to a recent report by hedge fund tracking site Insider Monkey, more than one out of 5 hedge funds are invested in Apple Inc. At the moment there are

  4. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  5. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c